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Economic Data Calls for 6/13/18
Here’s what we are looking for in tomorrow’s economic reports (Jun 13, 2018) — Good Luck Trading!
1. UK CPI, RPI and PPI (4:30 NY Time) Bullish GBP -- Potential for upside surprise given Slightly lower shop prices but PMIs show sharp rises in price pressures in manufacturing and service sectors
2. EZ Industrial Production (5:00 NY Time) Bearish EUR -- Potential for downside surprise given lower GE IP
3. US PPI (8:30 NY Time) Bullish USD -- Potential for upside surprise given rise in CPI
4. FOMC Rate Decision (14:00 NY Time) No Trade -- Rate decisions are best traded reactively